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Portland Housing Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 931111589 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is Portland Housing Center?

The Portland Housing Center, located at 3233 NE Sandy BLVD, Portland, OR 97232, is a dedicated nonprofit organization. Their mission is to facilitate homeownership for everyone by providing top-notch education, counseling, and financial services. They offer pre-purchase home buyer education, one-on-one consultations, and classes on financial literacy for homeowners. With a strong belief that everyone deserves a chance at homeownership, the Portland Housing Center's team of 22 employees is committed to empowering individuals with the knowledge and tools needed to navigate the home buying process.


Official website here: www.portlandhousingcenter.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% - Four-Star out of Four Stars

Portland Housing Center has achieved a high rating of 96% from Charity Navigator, which reflects its strong performance in accountability and finance. The organization is committed to transparency and has demonstrated effective financial management, as evidenced by its perfect scores in several critical areas, including board independence and oversight of financial statements.

The nonprofit boasts a fully independent board of directors and excellent policies in place regarding conflict of interest and whistleblower protections. Its program expense ratio of nearly 80% indicates that a significant portion of its funding is directed towards its programs, ensuring that resources are effectively utilized for its mission of providing housing solutions.

While the data does not highlight any major limitations or concerns, the organization's strong financial health and governance practices suggest a well-managed nonprofit. Overall, Portland Housing Center stands out as a reputable organization dedicated to its cause, with high standards of accountability and transparency.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Portland Housing Center?

94% of 32 reviewers on Facebook recommend Portland Housing Center. Here's a summary of their reviews:

Overall, the sentiment towards Portland Housing Center is mixed. While many users appreciate the variety of classes and counseling services available, some experiences have raised concerns. A few individuals shared disappointment with the initial counseling session, citing issues with the counselor's knowledge and misinformation regarding eligibility for homeownership. This has led to feelings of frustration and distrust in the services being provided.

Despite these criticisms, others have found value in the resources offered and express satisfaction with the center's willingness to issue refunds when needed. For many, the promise of assistance in understanding homeownership options is compelling, although ensuring accurate guidance seems to be a crucial aspect that needs improvement.


This AI summary has been generated from reviews found on Facebook.

Is Portland Housing Center legitimate?

Portland Housing Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Portland Housing Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $178,491
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,097,407

For more financial information, click here


Official website here: www.portlandhousingcenter.org

What is the mission statement of Portland Housing Center?

The Portland Housing Center's mission is centered around the belief that everyone deserves the opportunity to own a home. They achieve this mission by providing high-quality education, counseling, and financial services. Their activities primarily focus on offering pre-purchase home buyer education, one-on-one counseling, and classes on financial literacy for homeowners. The center aims to empower individuals, enabling them to navigate the home buying process with confidence and understanding.


Official website here: www.portlandhousingcenter.org

Who is the CEO of Portland Housing Center?

Dana Shephard is the President of Portland Housing Center.


Official website here: www.portlandhousingcenter.org

What is the revenue of Portland Housing Center?

Portland Housing Center's revenue in 2022 was $4,543,717.


Official website here: www.portlandhousingcenter.org

Who are the executives of Portland Housing Center and what are their salaries?

The average compensation at Portland Housing Center during 2022 was $57,995. There are 22 employees and 11 volunteers at Portland Housing Center.


Here are 14 key members and their salaries:


Mike Schrader (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Walker Jr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Neal (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanja Lux (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deona Delong (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cobi Lewis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Camille Elmore Trummer (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alma Flores (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Pratuch (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenifer Wagley (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Young (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peg Malloy (Executive Director)
  • Compensation: $154,371
  • Related: $0
  • Other: $1,479
Heidi Martin (Lending Director)
  • Compensation: $104,117
  • Related: $0
  • Other: $10,048
Kala Biittner (Finance Director)
  • Compensation: $107,367
  • Related: $0
  • Other: $611


Official website here: www.portlandhousingcenter.org

Where can I find the form 990 for Portland Housing Center?

Portland Housing Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.portlandhousingcenter.org

Learn more at the official website: www.portlandhousingcenter.org

Mission Statement of Portland Housing Center

The Portland Housing Center, with a strong belief that everyone deserves the opportunity to become homeowners, provides quality education, counseling, and financial services to make this dream a reality. Their mission is centered around empowering individuals by offering comprehensive pre-purchase home buyer education, one-on-one counseling, and classes focusing on financial literacy for homeowners. This nonprofit organization is dedicated to equipping people with the necessary knowledge and skills to navigate the home buying process, ultimately making homeownership an achievable goal for all.

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Impact




July, 2024

Portland Housing Center empowers individuals to achieve their dream of homeownership through quality education, counseling, and financial services. By providing pre-purchase home buyer education, one-on-one counseling, and financial literacy classes, Portland Housing Center equips individuals with the knowledge and resources needed to make informed decisions when purchasing a home. Their mission to ensure everyone has access to homeownership has a significant impact on the community by fostering financial stability and promoting responsible homeownership.




This information is meant to be a general summary of Portland Housing Center. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$4,543,717 (2022)
Expenses
$2,867,115 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,492
  • Program Service Revenue: $1,196,762
  • Gross Receipts: $4,543,717

Assets and Liabilities:

  • Total Assets: $17,016,792
  • Total Liabilities: $1,987,578
  • Net Assets: $15,029,214

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN FEES

Revenue

$575,770

INTEREST INCOME

Revenue

$527,229

PROGRAM FEES

Revenue

$75,984

LOAN DISCOUNT

Revenue

$17,779

Organization Details

Founding Year

1992

Principal Officer

Dana Shephard

Main Address

3233 NE SANDY BLVD, PORTLAND, OR, 97232

NTEE Category

Code: L800 - Housing

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